Equities analysts forecast that ExlService Holdings, Inc. (NASDAQ:EXLS) will report sales of $194.11 million for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for ExlService’s earnings, with the lowest sales estimate coming in at $191.90 million and the highest estimate coming in at $196.25 million. ExlService posted sales of $177.27 million in the same quarter last year, which suggests a positive year-over-year growth rate of 9.5%. The firm is scheduled to issue its next earnings results before the market opens on Tuesday, February 27th.
According to Zacks, analysts expect that ExlService will report full-year sales of $194.11 million for the current fiscal year, with estimates ranging from $756.34 million to $760.69 million. For the next financial year, analysts forecast that the company will post sales of $833.11 million per share, with estimates ranging from $824.73 million to $853.36 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that cover ExlService.
EXLS has been the topic of several recent analyst reports. Zacks Investment Research lowered ExlService from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. ValuEngine lowered ExlService from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub lowered ExlService from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. Cantor Fitzgerald reaffirmed a “buy” rating and set a $64.00 price target on shares of ExlService in a research report on Thursday, October 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $68.00 price target (up previously from $60.00) on shares of ExlService in a research report on Sunday, October 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $62.33.
Several hedge funds and other institutional investors have recently modified their holdings of EXLS. Neumeier Poma Investment Counsel LLC boosted its stake in shares of ExlService by 100.4% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 400,475 shares of the business services provider’s stock worth $23,356,000 after acquiring an additional 200,625 shares during the period. BlackRock Inc. boosted its stake in shares of ExlService by 3.2% during the 4th quarter. BlackRock Inc. now owns 4,179,911 shares of the business services provider’s stock worth $252,257,000 after acquiring an additional 128,001 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of ExlService by 166.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 139,014 shares of the business services provider’s stock worth $8,389,000 after acquiring an additional 86,814 shares during the period. Vanguard Group Inc. boosted its stake in shares of ExlService by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 2,949,034 shares of the business services provider’s stock worth $163,908,000 after acquiring an additional 61,535 shares during the period. Finally, Prudential Financial Inc. boosted its stake in shares of ExlService by 102.8% during the 3rd quarter. Prudential Financial Inc. now owns 119,543 shares of the business services provider’s stock worth $6,972,000 after acquiring an additional 60,610 shares during the period. Institutional investors own 91.97% of the company’s stock.
Shares of ExlService (NASDAQ EXLS) opened at $57.42 on Friday. ExlService has a 1 year low of $44.61 and a 1 year high of $64.34. The stock has a market capitalization of $1,941.54, a P/E ratio of 27.21, a P/E/G ratio of 1.78 and a beta of 1.14. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81.
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ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.
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